In 2023 the Montgomery County, PA commercial real estate market totaled 46,231,085 square feet of office spaces, 28,868,971 square feet of office spaces with retail, and 60,105,837 square feet of industrial space.
Office Spaces
Total: 46,231,085 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
10,563,157 SqFt |
22.85% of total office |
100k to 500k SqFt |
27,061,269 SqFt |
58.53% of total office |
500k to 1M SqFt |
6,210,216 SqFt |
13.43% of total office |
> 1M SqFt |
2,396,443 SqFt |
5.18% of total office |
By class:
Class |
Total square feet |
Share of total |
Class A |
11,953,907 SqFt |
25.86% of total office |
Class B |
30,182,089 SqFt |
65.29% of total office |
Class C |
1,843,903 SqFt |
3.99% of total office |
Roughly 13.43% of the total office space in Montgomery County, PA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 22.85% of the office inventory.
Class A office space holds a 25.86% share of the overall Montgomery County, PA office market, while Class B office assets make up approximately 65.29%.
Industrial
Total: 60,105,837 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
13,685,966 SqFt |
22.77% of total industrial |
100k to 500k SqFt |
27,023,131 SqFt |
44.96% of total industrial |
500k to 1M SqFt |
10,588,822 SqFt |
17.62% of total industrial |
> 1M SqFt |
8,807,918 SqFt |
14.65% of total industrial |
By class:
Class |
Total square feet |
Share of total |
Class A |
5,811,961 SqFt |
9.67% of total industrial |
Class B |
45,988,143 SqFt |
76.51% of total industrial |
Class C |
6,824,099 SqFt |
11.35% of total industrial |
There are 27,023,131 square feet of commercial real estate properties between 100k to 500k square feet, representing 44.96% of the Montgomery County, PA industrial inventory. Class A assets total 5,811,961 square feet of industrial space, with an additional 45,988,143 square feet of Class B and 6,824,099 square feet of Class C properties.
Office Spaces with Retail
Total: 28,868,971 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range |
Total square feet |
Share of total |
50k to 100k SqFt |
5,221,938 SqFt |
18.09% of total office with retail |
100k to 500k SqFt |
15,071,601 SqFt |
52.21% of total office with retail |
500k to 1M SqFt |
4,772,540 SqFt |
16.53% of total office with retail |
> 1M SqFt |
3,802,892 SqFt |
13.17% of total office with retail |